Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 10

question 156

Multiple Choice

Table 10-2
-Refer to the Table 10-2.If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank,what is the bank's reserve position?

• A) It will have $75,000 in excess reserves.
• B) It will have $52,500 in excess reserves.
• C) It will need to raise reserves by $5000.
• D) It will have excess reserves of $2500.

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